Cott Corporation announces CFO departure

    TORONTO, Nov. 28 /PRNewswire-FirstCall/ - Cott Corporation (NYSE:  COT;
 TSX:BCB) announced today that Clyde Preslar, Chief Financial Officer, will
 be leaving the Company to pursue other interests, effective December 1,
 2006.
     Tina Dell'Aquila, Vice President and Controller, will assume the
 position of Interim Chief Financial Officer until the appointment of a new
 CFO. Dell'Aquila has been with Cott since 1998 and held the role of Interim
 CFO in 2005. She is both a Certified Public Accountant and a Certified
 Management Accountant.
     "We are on track with our plans to reignite top line growth and
 aggressively reduce costs in 2007," said CEO Brent Willis. "Our perspective
 for the fourth quarter and full year remains unchanged and I know that
 Tina's interim leadership will provide continuity for the organization as
 we begin to implement the 2007 Operating Plan that our Board of Directors
 approved today. We want to thank Clyde for his contributions to the Company
 and we wish him well as he pursues new opportunities."
     About Cott Corporation
     ----------------------
     Cott Corporation is one of the world's largest non-alcoholic beverage
 companies and the world's largest retailer brand soft drink provider. The
 Company commercializes its business in over 60 countries worldwide, with
 its principal markets being the United States, Canada, the United Kingdom
 and Mexico. Cott markets or supplies over 200 retailer and licensed brands,
 and Company-owned brands including Cott, RC, Vintage, Vess and So Clear.
 Its products include carbonated soft drinks, sparkling and flavored waters,
 energy drinks, sports drinks, juices, juice drinks and smoothies,
 ready-to-drink teas, and other non-carbonated beverages. The Company's
 website is www.cott.com. The brand names referenced in this press release
 are trademarks of Cott Corporation, its affiliated companies, our
 customers, or other third parties.
     Safe Harbor Statements
     ----------------------
     This press release contains forward-looking statements reflecting
 management's current expectations regarding future results of operations,
 economic performance, financial condition and achievements of the Company.
 Forward-looking statements, specifically those concerning future
 performance such as those relating to the success of the Company's measures
 to reduce costs and increase sales and income, are subject to certain risks
 and uncertainties, and actual results may differ materially. These risks
 and uncertainties are detailed from time to time in the Company's filings
 with the appropriate securities commissions, and include, without
 limitation, stability of procurement costs for raw and packaging materials,
 the Company's ability to restore plant efficiencies and reduce logistics
 and other costs, adverse weather conditions, competitive activities by
 other brand beverage manufacturers, the Company's ability to develop new
 products that appeal to consumer tastes, the Company's ability to identify
 acquisition candidates, successfully consummate acquisitions and integrate
 acquired businesses into its operations, fluctuations in currency versus
 the U.S. dollar, the uncertainties of litigation and regulatory review,
 loss of key customers and retailers' continued commitment to their
 Company-supplied beverage programs. The foregoing list of factors is not
 exhaustive. The Company undertakes no obligation to publicly update or
 revise any forward-looking statements.
 
 

SOURCE Cott Corporation

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